Last updated: January 2026

Good Bets Terms & Conditions — Your Complete Guide to Membership & Platform Use

This page contains all of Good Bets' rules and policies in plain English. Everything is covered clearly — from account registration and payments to bonus usage and responsible gaming. Please read through the full page.

Key Terms at a Glance

Key points to know before reading the full details

One account policy
Each individual may only register one Good bets account. If multiple accounts are found, all will be closed and balances forfeited.
Transparent bonus terms
good bets bonus terms are straightforward and transparent. 10x wagering — no hidden catches. Please read the relevant terms before claiming any bonus.
KYC verification is mandatory
Identity verification is required before large withdrawals. A copy of your National ID or passport is all you need.
Age Restriction 18+
Good bets is strictly for individuals aged 18 and above. Any account found to belong to a minor will be closed immediately.
Account security responsibilities
Never share your password or login details with anyone. Good bets will not be held responsible for any unauthorized access to your account.
Right to Amend Terms
good bets may update these terms at any time. Members will be notified before any major changes take effect.

1General terms & eligibility

By using the good bets platform, you confirm that you have read, understood, and agreed to these Terms & Conditions. These Terms serve as a legally binding agreement between good bets and the member.

To use Good bets services, you must:

  • Must be at least 18 years of age
  • Accounts must be opened in your own name and for your own use
  • Must be financially capable and willing to play voluntarily
  • All Good bets terms and conditions must be followed

Important: good bets services may not be used where prohibited by law. Members are solely responsible for complying with the laws of their own country.


2Account & registration

You must provide accurate and complete information when registering with good bets. Providing false or incorrect information may result in account closure and forfeiture of your balance.

One account policy

Only one account is permitted per individual, household, or IP address. Good bets reserves the right to identify multiple accounts at its own discretion.

  • Operating multiple accounts from the same device or network is prohibited
  • The email address and phone number provided at registration must be real and active
  • The name used must match exactly what appears on your ID
  • Accounts cannot be transferred or sold

Password & Security

Keeping your account login credentials secure is your responsibility. Never share your password with anyone, and contact good bets support immediately if you notice any suspicious activity.


3Deposits & withdrawals

Good bets supports all major mobile financial services in Bangladesh.

Method Minimum deposit Minimum Withdrawal Processing Time
BKash৳500৳5001–15 minutes
Nagad৳500৳5001–15 minutes
Rocket৳500৳5001–30 minutes
Bank Transfer৳2,000৳2,0001–3 business days

Withdrawal conditions

  • Withdrawals can only be made to a payment method registered in your own name
  • KYC verification is mandatory for withdrawals exceeding ৳50,000
  • Wagering requirements must be met before bonus balance can be withdrawn
  • Good bets may temporarily suspend withdrawals if a transaction appears suspicious

If your withdrawal method differs from your deposit method, please notify support — the relevant verification process will apply.


4Bonuses & Promotions

Good bets regularly offers a variety of bonuses and promotions. Each bonus has its own terms, which are clearly stated on the offer page.

General Bonus Terms

  • The welcome bonus can only be claimed once per member
  • Bonus usage period is generally 30 days
  • Bonuses cannot be withdrawn directly — wagering requirements must be fulfilled first
  • You generally cannot claim a new bonus while another one is still active
  • Good bets reserves the right to modify or cancel any bonus offer

good bets wagering requirement is just 10x — one of the lowest in the market. Once you've wagered the combined bonus + deposit amount 10 times over, you're free to withdraw.

Reasons for Bonus Cancellation

  • Attempting to claim bonuses across multiple accounts
  • Placing low-risk bets for the purpose of abusing bonuses
  • Violation of promotional terms

5Betting & gaming rules

The following rules apply when betting and playing games at good bets. Detailed rules for each individual game are available on its game page.

General betting rules

  • Bets will not be accepted if your account has insufficient balance
  • Once a bet is confirmed, it cannot be cancelled (except where applicable)
  • If a game is interrupted due to a technical issue, good bets will determine the outcome at its own discretion
  • Good bets reserves the right to void any bet placed at abnormal or incorrect odds due to a system error

Sports Betting

  • Bets placed before a match begins will be settled at pre-match odds
  • Odds in live betting change in real time
  • Bets will generally be refunded if a match is postponed or cancelled

6KYC & identity verification

Good bets is a responsible platform. KYC (Know Your Customer) procedures are followed to prevent money laundering and protect member security.

When KYC is required

  • When a single withdrawal is ৳50,000 or more
  • When cumulative monthly withdrawals exceed ৳1,00,000
  • At any time the Good bets security team deems it necessary

Required documents

  • National ID Card (NID) — clear photos of both sides
  • Passport (alternative) — photo of the data page
  • A recent selfie — holding your ID
  • Proof of payment method (if required)

Verification is typically completed within 24–48 hours of submitting your KYC documents. Verifying in advance ensures no delays when you make a withdrawal.


7Responsible Gaming

Good bets believes gaming is for entertainment — not addiction. That's why we actively promote responsible gaming.

  • Deposit limits: set daily, weekly, or monthly deposit limits on your account
  • Session time alert: a warning message appears after playing for a set period of time
  • Self-exclusion: suspend your account for anywhere between 24 hours and 6 months
  • Permanent closure: your account can be permanently closed through our support team

For more details, visit our Responsible Gaming View page.


8Privacy & Data Protection

Good bets stores members' personal information with the highest level of security. We never sell member data to third parties.

  • All data is secured with SSL encryption
  • Payment details are never stored on our servers
  • Your information is never shared with third parties unless required by law

To learn more Privacy Policy Read.


9Account Suspension & Closure

Good bets reserves the right to temporarily or permanently suspend an account for the following reasons:

  • Breach of Terms
  • Managing multiple accounts
  • Fraudulent or suspicious activity
  • Providing false or inaccurate identity information
  • Bonus Abuse
  • Failure to cooperate with the KYC process

If an account is closed due to a terms violation, good bets will review the case and decide whether to return any legitimate balance. Any winnings derived from bonuses may be forfeited.


10Changes to terms & enforceability

Good bets reserves the right to update these Terms & Conditions at any time. Members will be notified of significant changes via email or in-app notification.

  • Updated terms take effect from the date they are published
  • Continued use of the platform after any changes constitutes acceptance of the updated terms
  • If terms are not met, the account will be closed and the balance may be returned

Keep good bets notifications turned on to stay up to date with the latest Terms & Conditions. The date of the most recent update is always shown at the top of this page.

For any questions or feedback: support@goodbets.bet

Terms & Conditions FAQ

What members ask about most

Minimum bet amounts at good bets vary by game type. For Sports Betting, you can place bets from as little as ৳10. Slots generally start from ৳20–৳50. Live Casino tables have minimums of ৳50–৳100 depending on the game. The Daily Pick 3 lottery starts at just ৳50 per entry, while a single Mega Lottery ticket costs ৳200. The specific minimum and maximum bet limits for each game are displayed on its game page. VIP members may have higher maximum limits on select premium tables.

Good Bets requires three things for KYC verification: first, clear photos of both sides of your National ID (NID) or passport; second, a recent selfie holding your ID; and third, in some cases, a screenshot of your payment method (such as your mobile screen showing your bKash number). To submit these documents, contact good bets via live chat support or upload them through the "Verification" section of your account. All images must be clear, well-lit, and blur-free. Verification is typically completed within 24–48 hours of submission, and you will be notified by email or SMS.
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